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Suburb Insights ยท NSW 2430

Old Bar 2430, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Old Bar is a coastal suburb in New South Wales, Australia, with a population of approximately 5,126, making it a smaller community. Located approximately 247 km from the Sydney CBD, Old Bar is a coastal area in New South Wales. The median household income is $60,840 AUD per year (ABS 2021 Census).

Investment Score

44 / 100 Moderate

Old Bar's income profile suggests a value-oriented market with competitive purchase prices. The coastal setting provides a lifestyle factor that underpins property values.

Location

Map shows Old Bar, New South Wales, Australia.

Key Indicators

Postcode
2430

Official Australia Post postcode for Old Bar. A postcode may cover multiple suburbs.

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Population
5,126

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$358/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$60,840/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
247 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,690/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
75% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Old Bar, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $358/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,690/month. 75% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Old Bar offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Old Bar can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Renovation in Old Bar requires careful cost analysis โ€” the margin is there but not always wide.

Risk Factors

Run the numbers on a Old Bar property

Full Property Analysis

30-year projections for Old Bar

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Old Bar faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Tenants in Old Bar have options โ€” presenting well-maintained properties is key to minimising vacancy. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Old Bar a good suburb for investment?

Old Bar is a coastal area in New South Wales with a population of 5,126. The median rent is $358/week and the median household income is $60,840/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Old Bar?

Key demand drivers in Old Bar include lifestyle appeal and proximity to the coast. 75% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Old Bar?

According to the ABS 2021 Census, Old Bar has a population of approximately 5,126. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Old Bar from the Sydney CBD?

Old Bar is approximately 247 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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